(b) in the case of any communication made by courier, on the date of
 delivery as evidenced by the records of the courier company,

Provided that (i) any communication or document to be made or delivered to the
Lessor or any Guaranty Beneficiary shall be effective only when received by the
Lessor, and then only if the same is expressly marked for the attention of the
department or officer identified below (or such other department or officer as
the Lessor shall from time to time specify for this purpose) and (ii) any notice
received after close of business on any day shall not be deemed to have been
received until commencement of business on the immediately succeeding Business
Day.

To the Guarantor:

Address: COMPANIA PANAMENA DE AVIACION, S.A.
 Avenida Justo Arosemena y Calle 39
 Apartado 1572
 Panama 1, Republic of Panama
Facsimile: 011.507.227.2522
Attention: Vice President - Finance



With a copy to:

Address: Greenberg Traurig, P.A.
 1221 Brickell Ave
 Miami, Florida 33131
Facsimile: (305) 579 0717
Attention: Jeffrey Tenen

To the Lessor or any Guaranty Beneficiary:

Address: WELLS FARGO BANK NORTHWEST, N.A.,
 as trustee and Lessor
 299 South Main Street
 Salt Lake City, UT 84111
Facsimile: 801-246-5053
Attention: Corporate Trust Department

With a copy to:

Address: RBS AEROSPACE LIMITED
 1 George's Quay Plaza
 George's Quay
 Dublin 2
 Ireland
Facsimile: 353-1-448-3390
Attention: Head of Transaction Execution and Management